Topic:"Revenue Requirement" in M10563

Revenue recognition The Corporation follows the deferral method of accounting for revenue. Restricted fee-for-service or contribution revenue is recognized as revenue within the appropriate fund in the year in which the related expenses ar...

AI summary The Corporation uses the deferral method for revenue recognition, with specific rules for restricted fees, contributions, and investment income. Endowment contributions and interest income are allocated to specific funds based on when expenses are incurred or revenue is earned.

M10563 - EfficiencyOne – 2021 Audited Financial Statements (E-ENS-F-22) On April 25, 2022, EfficiencyOne (E1) filed its 2021 Audited Financial Statements. This matter was reviewed by Roberta J. Clarke, Q.C., Panel Chair; Jennifer L. Nichol...

AI summary EfficiencyOne filed its 2021 Audited Financial Statements on April 25, 2022. The Board reviewed the documents and accepted them as filed. The review was conducted by a panel including Roberta J. Clarke, Jennifer L. Nicholson, and Bruce H. Fisher. Board Staff sent information requests, which EfficiencyOne responded to on July 13, 2022.